The appliances foray is to open up newer avenues of growth in the Indian market where it is growing over 100% year-on-year. Xiaomi also intends to expand its smart television line-up next year in the country by both refreshing the portfolio and expanding the range

Vivo’s existing plant over 50 acres in Greater Noida has completely localised production, with even components such as printed circuit boards being manufactured locally- The company has invested Rs. 300 crore in this facility

Xiaomi, which has unseated Samsung from volume leadership in the smartphone market in late 2017 and has now unshackled the TV industry with aggressive pricing, is bigger in revenue than combined sales of local operations of Sony and Panasonic